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greece is bracing for more public-sector strikes against government austerity measures. the rail system has ground to a halt. but there has been good news. rating agency standard and poor's upgraded greece's standing, making it much easier to borrow money in international markets. it is the second-biggest fine levied on a bank. switzerland that the ubs agreed to pay $1.5 billion in penalties. regulators in the u.s., u.k. and sorts when charged ubs and manipulating a key interest rate known as libor. >> his was person -- pervasive manipulation of global benchmark interest rates by dozens of staff across three continents. and the heavy fine reflects the regulator's concerns. the ubs chief executives said those of all but the extent of the fraud and bribes maybe revealed by further criminal investigations. in just one instance revealed by the u.k. financial services authority, ubs made corrupt payments of around $24,000 a quarter for 18 months to brokers to thank them for helping them manipulate the global industry. libor is used to price more than $350 trillion of contract
greece is bracing for more public-sector strikes against government austerity measures. the rail system has ground to a halt. but there has been good news. rating agency standard and poor's upgraded greece's standing, making it much easier to borrow money in international markets. it is the second-biggest fine levied on a bank. switzerland that the ubs agreed to pay $1.5 billion in penalties. regulators in the u.s., u.k. and sorts when charged ubs and manipulating a key interest rate known as...
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this is a government like the one greece like the one island which is put all its eggs in the basket of. agreement with germany and to do something about it will take a lot more than one or two demonstrations it will take the risk of losing an election could change the course of the spanish government very much afraid or. it would take the possibility of losing. if. you start thinking that perhaps. outside and you talk about a change of government could we see political change after all you also made a similar comparison with what's going on in greece and there of course we've seen violent riots and that resulted eventually in the election of a technocratic government there could we see spain possibly heading the same way as greece. there's no doubt that that precisely this process is going to be followed through to spain but it will take some time you have to remember. the greek crisis. and even though there was a great deal of this content towards the socialist government between two thousand and nine and two thousand and twelve the student managed to hang on wide along why does no
this is a government like the one greece like the one island which is put all its eggs in the basket of. agreement with germany and to do something about it will take a lot more than one or two demonstrations it will take the risk of losing an election could change the course of the spanish government very much afraid or. it would take the possibility of losing. if. you start thinking that perhaps. outside and you talk about a change of government could we see political change after all you...
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plus austerity insurrection in europe with spaniards saving over eighty budget and strikes in greece within a dampener credit rating upgrade. you're watching artie's weekly news review with me carrie johnston. early results from the final round of voting in egypt's troubled referendum suggests the new constitution is likely to pass it follows nearly a month of protests with violent outbreaks taking place in the country's second largest city and xandra journalist a bell true has more from the capital correct. the preliminary results are in for egypt's contentious constitutional referendum egypt appears to voted for the constitution sixty four percent say yes. thirty six percent have said no this comes after mass to send in the streets across the country with the cost three weeks against this constitution opposition forces say force a presidential dictatorship and was drafted by an islamist dominated assembly of the twenty seven governors that went to vote in the last week only three voted against the constitution. this in the last round is largely due to the fact that in the last seve
plus austerity insurrection in europe with spaniards saving over eighty budget and strikes in greece within a dampener credit rating upgrade. you're watching artie's weekly news review with me carrie johnston. early results from the final round of voting in egypt's troubled referendum suggests the new constitution is likely to pass it follows nearly a month of protests with violent outbreaks taking place in the country's second largest city and xandra journalist a bell true has more from the...
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Dec 12, 2012
12/12
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what makes us greece? it's not because the tax code is at 35% versus 39.6. what's going to make this country greece, like every other western nation, retiring at 10,000 a day in terms of baby boomer, three workers for every retiree, in 20 years we'll have two. medicare and social security are about $30 trillion underfunded. if you did what tip o'neill and ronald reagan chose to do, reform entitlements, we become the most dominant place on the planet pretty quickly. so what i would plead with the president to do is use this mandate. redo revenue, which we should. but what keeps us from becoming the country we want to be and damns the future generations is entitlement and spending. when i was 21, my mom died, when i was 22 my dad died. if it wasn't for social security survivor benefits, my sister would have never gone to college. social security is going to fail. when i was 22 we needed the 300 and something bucks we got a month. i'm 57, i have no kids, i could easily give up $400 in retirement from social security to help people who can't. >> as a reality for
what makes us greece? it's not because the tax code is at 35% versus 39.6. what's going to make this country greece, like every other western nation, retiring at 10,000 a day in terms of baby boomer, three workers for every retiree, in 20 years we'll have two. medicare and social security are about $30 trillion underfunded. if you did what tip o'neill and ronald reagan chose to do, reform entitlements, we become the most dominant place on the planet pretty quickly. so what i would plead with...
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system within the next few years is not even decades in fact when we have this what's happening in greece spain parts of italy. portugal when this sink hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export model they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we going to have sort of the occupy wall street movement inside western europe as well and this is going to happen within the next few years our economy because the model itself is unsustainable right gentlemen to jump in here we're going to go to a short break and after that short for a book continue our discussion on the west stay with our. deadly rivals the decades. if you had fifteen thousand people killing each other in any other country there would be diplomats there would be mediators. self-imposed out costs from society i will contact myself chemical attack my brother understand my contact i
system within the next few years is not even decades in fact when we have this what's happening in greece spain parts of italy. portugal when this sink hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export model they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then...
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ratings agency standard and poor's is raised the credit rating of greece's sovereign debt this comes just hours before a planned twenty four on nationwide strike as people continue venting their frustration at budget cuts on monday athens received its second tranche of funds from the e.u. and the international monetary fund however as one expert says despite the much anticipated cash the greek economy is far from salvation. the fact that the ratings agencies gave us a higher rating to begin bonds and yet there's going to be a strike in the case what's happened to that right now you know after community i.m.f. the e.c.b. and easy to have some work towards austerity which makes investors happy but of course makes the people angry and so you can see this strike going on and people a lot of people getting very upset in greece while the investor community is relatively happy because you know there is more greater safeguards that their money is going to be returned to them in the form of bonds so i think that you going to continue to see this is exactly where you'll go up and the people ar
ratings agency standard and poor's is raised the credit rating of greece's sovereign debt this comes just hours before a planned twenty four on nationwide strike as people continue venting their frustration at budget cuts on monday athens received its second tranche of funds from the e.u. and the international monetary fund however as one expert says despite the much anticipated cash the greek economy is far from salvation. the fact that the ratings agencies gave us a higher rating to begin...
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in fact when we have this what's happening in greece spain. but. poor to go when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we're going to have sort of he. movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the model itself is unsustainable right gentlemen to jump in here we're going to go to a short break and after that short for a book continue our discussion on the west stay with our. mission. could you take three. three. three. three. three. three vote video for your media project a free card. gold fever. turns thousands into slaves. my father but also among brothers involved in the mines and since i started working in a mine i stated i look at it and feel m
in fact when we have this what's happening in greece spain. but. poor to go when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we're going to have sort of he. movement inside...
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what's happening in greece spain parts of. porch ago when this singer hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of about germany and scandinavia is not then we going to have sort of. by wall street movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the market itself is unsustainable going to jump in here we're going to go to a short break and after that short break but continue our discussion on the west stay with our. well with. this month's high tech means could help whether it be the latest laser cutters or lifesaving heart rushing innovators are working hard to keep you healthy for some companies it's been a winding road from car simulators to cutting edge streaming systems for others i
what's happening in greece spain parts of. porch ago when this singer hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of about germany and scandinavia is not then we going to have sort of. by wall street movement inside western...
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in fact when we have this what's happening in greece spain. portugal when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export malled all they're doing is strategic alliances with russia in terms of oil and gas they are sustainable but the rest of europe with exception of germany and scandinavia is not then we're going to have sort of he. was three movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the market itself is unsustainable going to jump in here we're going to go to a short break and after that continue our discussion on the west stay with our. for. thousands to see its. cash cow to be dry i think that in this country. as an environmental cost which is unacceptable local business is labeled illegal and controlled by criminals in order to protect our lives our families and to work in peace. we are forced to pay protection to illegal groups prices co
in fact when we have this what's happening in greece spain. portugal when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export malled all they're doing is strategic alliances with russia in terms of oil and gas they are sustainable but the rest of europe with exception of germany and scandinavia is not then we're going to have sort of he. was three movement inside western...
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in fact when we have this what's happening in greece spain parts of italy but. portugal when they sing hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street movement inside western europe as well and this is going to happen within the next few years because the model itself is unsustainable i'm going to jump in here we're going to go to a short break and after that short break we'll continue our discussion on the west stay with our. experience before series with the. nation. day. to make. him the flying. speak your language. they will not advance. news programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidneys stories. you hear. that all teach spanish find out more visit eye
in fact when we have this what's happening in greece spain parts of italy but. portugal when they sing hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street...
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a tragedy because they're not helping the spanish economy and they're not helping the people either greece got a rare bit a good news earlier in the week with an unexpected credit rating boost the celebration was short lived though as yet another general strike paralyzed the country then four of greece's biggest banks to clear that they'd need a twenty seven billion euro bailout boost and stay afloat crisis try this comes out the mirror told us that despite all the efforts european nations still haven't sold their basic problems. right now. you know national community be i.m.f. the e.c.b. and used to have stewart wars austerity which makes investors happy but of course makes the people and the best a community is relatively happy because there is more greater safeguards that their money is going to be returned form a fuss so i think that you're going to continue to see the see that where yields go up and the people are happier but the investor community is left and then we're going to have a work to the right where you have more austerity making people more angry and more right at the more
a tragedy because they're not helping the spanish economy and they're not helping the people either greece got a rare bit a good news earlier in the week with an unexpected credit rating boost the celebration was short lived though as yet another general strike paralyzed the country then four of greece's biggest banks to clear that they'd need a twenty seven billion euro bailout boost and stay afloat crisis try this comes out the mirror told us that despite all the efforts european nations...
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it goes on and let's talk about greece briefly ratings john s. and pay they've raised greece's school from selective default to be money it's not interesting up to six knots is up and the agency explained its decision by praising athens determination to cut its spending determination but what is actually done to to achieve that and to deserve that cutting rating they haven't really done anything i think that that could in a rating system it's a joke i mean come on they gave aaa ratings to the so bonds back in the day so forget about that. it's it doesn't that bring confidence though doesn't it actually bring a perception that it's working and that's what investors want to know about. what's happened is that investors realized that the europeans are just like keep on kicking the can down the road and so what investors are doing right now is just the short term trade and being very light on their feet and great to move at a moment's notice and so sure bond rates are down in greece relatively but you know the whole notion is that at any rate slower
it goes on and let's talk about greece briefly ratings john s. and pay they've raised greece's school from selective default to be money it's not interesting up to six knots is up and the agency explained its decision by praising athens determination to cut its spending determination but what is actually done to to achieve that and to deserve that cutting rating they haven't really done anything i think that that could in a rating system it's a joke i mean come on they gave aaa ratings to the...
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Dec 31, 2012
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when you look at how much we are spending we are similar to spain and greece. it is not a pretty scenario. >> tell me this what happens when we judge up against it? >> everybody starts wondering when we are going to raise the debt ceiling. there's a debate because they don't like to. then you have all of wall street looking at this wondering if we will be able to pay our bills. you remember what happened last time around the market sold off 2,000 points over the 2 month period. it was dramatic and hurt people's 401 k's. if you can't pay your bills you get a downgrade. >> again. >> it's not going to be good news. you know what happens you can't borrow as much money. >> that's what happens to me. >> it costs you more to borrow. all of us coming together it will be -- it could be we would be watching none of this would come to a surprise fell off the market every single day. they know what's happening. they know what's going on. it's not a surprise but nobody likes to see it. >> when they raise the debt ceiling is that to pay off debt already accrued. >> the money
when you look at how much we are spending we are similar to spain and greece. it is not a pretty scenario. >> tell me this what happens when we judge up against it? >> everybody starts wondering when we are going to raise the debt ceiling. there's a debate because they don't like to. then you have all of wall street looking at this wondering if we will be able to pay our bills. you remember what happened last time around the market sold off 2,000 points over the 2 month period. it...
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in the bond that they buy in greece. added here she has gathered steam at the russia summit in brussels this week moscow has once again expressed its opposition to words the so-called third and argy package a set of rules regulating europe's gas and electricity market its aim of reducing the dominating role of russia's anna giant gazprom and its supplies of gas to the walk and land outside companies access its pipeline network russia says the motion should not be applied to contracts signed before the package was approved by the e.u. in two thousand and nine. well christmas on the streets literally where he poured on new york's hidden homeless as america splashes out billions on christmas decorations and it's all. blustery union in spacey i assessed welcomes its latest crew man after a two day journey with a spacewalk and war and then a hundred scientific experiments i have stories coming out after the break. on the edge of human capabilities. struggling with a dream to. play out to become the first. force told him. i. s
in the bond that they buy in greece. added here she has gathered steam at the russia summit in brussels this week moscow has once again expressed its opposition to words the so-called third and argy package a set of rules regulating europe's gas and electricity market its aim of reducing the dominating role of russia's anna giant gazprom and its supplies of gas to the walk and land outside companies access its pipeline network russia says the motion should not be applied to contracts signed...
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greece got to read the good news out here in the week when unexpected the credit rating boost the sort of ration was short lived though as yet another general strike paralyzed the country then for greece's the biggest banks declared they would need to twenty seven billion euro bailed out but used to stand flint well crisis a strategist who goes on in there says that the spite all the efforts european nations still haven't solved their basic problems right now. you know national community b i have nothing to see be an easy. wars austerity which makes investors happy but of course makes the people and a better community is relatively happy because you know there was more greater safeguards that their money is going to be turned down in the form of a lot so i think that you going to continue to see this where eels go up and the people are happier but the investor community is less technique and then you have a swerves to the right where you have more austerity making people more angry and more riots and more protests and more stripes and yet investors feeling more secure in in in the bond
greece got to read the good news out here in the week when unexpected the credit rating boost the sort of ration was short lived though as yet another general strike paralyzed the country then for greece's the biggest banks declared they would need to twenty seven billion euro bailed out but used to stand flint well crisis a strategist who goes on in there says that the spite all the efforts european nations still haven't solved their basic problems right now. you know national community b i...
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Dec 11, 2012
12/12
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greece used to be one of the only three great non-u.s. countries, spending about 2% of gdp on national security. we were spending fortified at the time. we are under four. responding to something. they are now below that and having even further south because they simply can't afford it. >> host: new jersey, democratic collar. >> caller: thank you for taking my call. first of all, i am a retired army colonel, executive and also an author. adelle lot of research on the federal budget. whenever we start talking about social security and medicare, the entitlements and relating it to the annual budget deficit, we're making a mistake. no part today in a problem. a problems exist for three principal reasons. the spending increases for the war and other things that we basically did not fund. second, we had a huge loss in employment in 2007 and 2008 where people stop paying taxes and start drawing welfare. number three, we have the tax cuts, both the bush tax cuts and the obama tax cuts which have severely reduced the amount of revenue. the tax bu
greece used to be one of the only three great non-u.s. countries, spending about 2% of gdp on national security. we were spending fortified at the time. we are under four. responding to something. they are now below that and having even further south because they simply can't afford it. >> host: new jersey, democratic collar. >> caller: thank you for taking my call. first of all, i am a retired army colonel, executive and also an author. adelle lot of research on the federal budget....
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bronx guy when people lose everything and have nothing left to lose they lose it they're losing it in greece they're losing it in italy they're losing it in portugal they're losing it in ireland the world is it war all of the pieces are coming together but they're calling them something else they not even calling it class warfare in europe for example and it is yes it does seem like every. country across the world as the tyranny with the global market everything's connected globalization is not in its current trajectory it's not sustainable kind of on a crash course and with all of this conflict happening gerald one of your trends is pete what what up with that. well what we're saying is that we see this direction is going i mean you don't have to be a trend forecaster to figure it out we believe we're going to see the masses peace movements begin to happen in the twenty first in. as there's still outstanding out of control and that's what's going on now and by the way you know people say well you know you used to talk about the problems how about the solution we've come up with a solution i
bronx guy when people lose everything and have nothing left to lose they lose it they're losing it in greece they're losing it in italy they're losing it in portugal they're losing it in ireland the world is it war all of the pieces are coming together but they're calling them something else they not even calling it class warfare in europe for example and it is yes it does seem like every. country across the world as the tyranny with the global market everything's connected globalization is not...
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Dec 14, 2012
12/12
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. >> ministers agreed on a fully fledged banking union and bailout loans for greece. what was being done to prevent another global downturn? that was on queen elizabeth's mind as she visited the bank of england. >> trying her hand at high finance, the queen, put in her signature on a special, a bank note. >> it does not improve much. >> the bank note, worth 1 million pounds, seem like small change as the queen and duke of edinburgh were shown the vaults were gold reserves were kept. there are 27 billion pounds of gold in this fault alone. that is not something you see every day, even when you have been doing this sort of thing for 60 years. has the tour went on, talk turned to more serious matters. the queen once asked why nobody had seen the financial crisis coming. officials launched into a three- part lecture on what caused the crisis. the words like "paradigm" flew across the floor. both the duke and the queen listened intently. finally, it became a two-way conversation, and the queen offered a few thoughts of her own. first, a question about the bankers. >> compl
. >> ministers agreed on a fully fledged banking union and bailout loans for greece. what was being done to prevent another global downturn? that was on queen elizabeth's mind as she visited the bank of england. >> trying her hand at high finance, the queen, put in her signature on a special, a bank note. >> it does not improve much. >> the bank note, worth 1 million pounds, seem like small change as the queen and duke of edinburgh were shown the vaults were gold...
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Dec 8, 2012
12/12
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becomes like greece. there a terrible economy with 26% unemployment, the highest in europe, and almost no job opportunities for young people frequently lead to riots in the streets. now here a leading democrat is suggesting cutting spending too quick -- too quickly is the real problem. >> the community is concerned about all of their as you teary too. there are many things you can do to reduce debt, but still have a a -- an aspect of the economy. >> some say europe's austerity is a drag on economic growth because it relies on taxation while failing to rein in the expansion of government. and that would seem to back up a republican theme in this fiscal cliff argument. >> if we raise taxes on the top two rates which is about a million small businesses who employ 25% of the workforce, it will cost us over 700,000 jobs and reduce economic growth and lower take home pay. that's a bad scenario. >> the lead negotiator on the republican side of the table facing mr. obama says raising taxes on upper income america
becomes like greece. there a terrible economy with 26% unemployment, the highest in europe, and almost no job opportunities for young people frequently lead to riots in the streets. now here a leading democrat is suggesting cutting spending too quick -- too quickly is the real problem. >> the community is concerned about all of their as you teary too. there are many things you can do to reduce debt, but still have a a -- an aspect of the economy. >> some say europe's austerity is a...
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spain had millions on the street at a time demanding the government stop cuts and demos continued in greece who got a forty four billion euro bailout. masses were met with heavy handed policing in most countries across the e.u. which was awarded a nobel peace prize in twenty trials. they ultimately if there are too many protests won't be to be able to afford the policemen on the streets and therefore we could actually end up not so much with a violent reaction from government but there's actually a danger of anarchy because government itself may break down the crowd is. not the case in the u.s. where the occupy movement lost momentum this year corporate backed media and authorities managed to dull demonstrations demanding economic equality and responsibility just one of a party that there was you know you wait for occupy to expand from its needs and from that. you know usually you write it by the elites as a bunch of anarchist story or students who know how to seem better to do it is to organize themselves politically something the group is promising and twenty thirteen with some predicting
spain had millions on the street at a time demanding the government stop cuts and demos continued in greece who got a forty four billion euro bailout. masses were met with heavy handed policing in most countries across the e.u. which was awarded a nobel peace prize in twenty trials. they ultimately if there are too many protests won't be to be able to afford the policemen on the streets and therefore we could actually end up not so much with a violent reaction from government but there's...
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Dec 30, 2012
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americans and the sad news for the country is that we accomplished little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation. it will be a political victory for the president and i hope we will have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe as republicans. hats off to the president. he won. >> the time has come really to measure the absence of a deal plus against a deal and i think both of us come down that we have to solve this immediate situation. the danger to our people, to our military, to our nation's security, to our economic base is just too great not to have a solution. so you know, what makes this government work is compromise and it is when you don't compromise there is stasis. we had enough of that. >> joining us s chris wallace, anchor of "fox news sunday." good morning, chris. >> good morning. >> how could lindsey graham say it is a win for the president even though this does not deal with the out of control spending a $16 trillion plus budget deficit when the politi
americans and the sad news for the country is that we accomplished little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation. it will be a political victory for the president and i hope we will have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe as republicans. hats off to the president. he won. >> the time has come really to measure the absence of a deal plus against a deal and i...
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this is a government like that one greece like the one island which is put all its eggs in the basket of. being its agreement germany and the european central bank it will take a lot more than one demonstration it will they. risk losing an election. change the course of the spanish government very much afraid or or let. the possibility of losing. the. forces alone to start thinking that perhaps you better all outside state would get the government of the moment. was elected. whatever don't already there was a government but well by the way this is out of the crisis so even though the. process of austerity that meets to. more slowly. bring about so. i think this government still has quite a little quite a lot of. security forces in bahrain have used tear gas and stun grenades in a clash with anti-government demonstrators in the capital manama activists of claimed on social media sites that several human rights advocates have been arrested the demonstrators have been marking martyrs day and then you'll commemoration of to protest as who were killed in one nine hundred ninety four there
this is a government like that one greece like the one island which is put all its eggs in the basket of. being its agreement germany and the european central bank it will take a lot more than one demonstration it will they. risk losing an election. change the course of the spanish government very much afraid or or let. the possibility of losing. the. forces alone to start thinking that perhaps you better all outside state would get the government of the moment. was elected. whatever don't...
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minister is trying to secure more support for ukraine as a wealthy conservative region above area earlier greece is a creditors are going to prop it up another forty four billion euros a week attorney george felos the also missions are still a long way off. so most guys me loose don't. listen to music. but unfortunately generally know and. don't view it is not easy to. control it's just that you go to example even to the. national military fund. as if they know. that but of course it's real easy for the smirk you do so such a. german experience so. the simple you serious are usually more of a more cell phone for people with. such. well if the e.u. are pursuing the goal of united europe at the expense of individual nations that issue take center stage in latest edition of people crosstalk just around their five minutes here r.t. . of course the european union has to be based on subsidy or it's a principle which means that the decisions are made close as possible to the citizens on the other only or is that indication is that the case song truth is that the case let me finish or i go ahead yeah ye
minister is trying to secure more support for ukraine as a wealthy conservative region above area earlier greece is a creditors are going to prop it up another forty four billion euros a week attorney george felos the also missions are still a long way off. so most guys me loose don't. listen to music. but unfortunately generally know and. don't view it is not easy to. control it's just that you go to example even to the. national military fund. as if they know. that but of course it's real...
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himself was here at the gulf stream five land will go directly from the black sea to bulgaria and on to greece as sleek and austria the project was dreamed up on to the idea the more the mary and not the was of the more punchlines the more secure the delivery to customers will be now it's a need that arose from transit countries ukraine and particular to such a delivery and so on a number of occasions and the past fifty percent of the pipeline will be owned by russian energy giant gazprom the rest us but with its lead france and germany however many in the euro question whether this project is ever need it critics say that a whopping twenty billion dollars cost for a pipeline is way too much especially in current times of economic recession but it seems these fears are not enough to stop a project like this was vigorous will be hoping the only choppy waters to face it are on the very see if they will be going directly under. news out some other news now for you from around the world at the start of the day in our world update five people have been taken off spittal after a one meter high tsuna
himself was here at the gulf stream five land will go directly from the black sea to bulgaria and on to greece as sleek and austria the project was dreamed up on to the idea the more the mary and not the was of the more punchlines the more secure the delivery to customers will be now it's a need that arose from transit countries ukraine and particular to such a delivery and so on a number of occasions and the past fifty percent of the pipeline will be owned by russian energy giant gazprom the...
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student protests marking the fourth anniversary of the shooting of a teenager policeman turned violent in greece athens of protesters held petrol bombs with tear gas and stun grenades used in response fifteen year old alexandros . was shot dead in athens in two thousand and eight sparking major riots across the country police officer responsible was jailed for might because it was decided the teenager posed no threat. which is being battering the philippines for the last two days is now claimed almost three hundred fifty lives the storm moved away from populated areas on wednesday tens of thousands fled their homes of heavy rains and high winds rolled across southern and central regions of the country cutting off power in two provinces rescue teams have been working in the worst hit areas but it's feared the number of casualties will rise. as the world update the congolese m twenty three rebel group is to hold talks with the country's government in neighboring uganda that's after militants from the group withdrew from the strategic city of goma remain in areas nearby and twenty three's leaders s
student protests marking the fourth anniversary of the shooting of a teenager policeman turned violent in greece athens of protesters held petrol bombs with tear gas and stun grenades used in response fifteen year old alexandros . was shot dead in athens in two thousand and eight sparking major riots across the country police officer responsible was jailed for might because it was decided the teenager posed no threat. which is being battering the philippines for the last two days is now claimed...
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decade, the government has to cut spending significantly simply to pay interest in the manner greece is so doing. we're on our way to becoming another greek tragedy, unless we gee the economy growing 3 to 4% a year the debt will outrun us. before a matter of time all the government programs the democrats are giving them. that is why they reelected president obama will not be there. melissa: lindsey, at what point does it become painful for americans? he talks about all of sudden we can't issue debt. we talk about how much china owes of our, owns of our debt. we own a lot of our own debt too. >> that's the problem. we're really at the precipice. this is the point we have to make the tough decision if we will become the next greece or reform the programs and make a discernable dent into the debt we already service that we have right now. really doesn't seem like either side is willing to make concession. obama is only going to concede if he can tell his populace if he raised taxes on rich. republicans will only succeed if we made a dent in spending. neither side looks like they want to
decade, the government has to cut spending significantly simply to pay interest in the manner greece is so doing. we're on our way to becoming another greek tragedy, unless we gee the economy growing 3 to 4% a year the debt will outrun us. before a matter of time all the government programs the democrats are giving them. that is why they reelected president obama will not be there. melissa: lindsey, at what point does it become painful for americans? he talks about all of sudden we can't issue...
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. >> the sad news for the country is we've accomplished very little in terms of not becoming greece. it's a victory for the president and i hope we have the courage of our convictions to fight for what we believe as republicans. >> peter, what the senator is saying is this doesn't really solve the problem of the debt we're building up. >> no, it doesn't. we have all heard taxing high income individuals more would only raise 5% of the deficit. another statistics that will break your eyes. if we raised everybody's income tax by 50%, we'd likely only cut the deficit in half. that should explain to everyone why it is imperative we finally do something about rapidly escalating entitlement cost but the president refuses to come to the table. nothing is fixed in my mind more than speaker boehner saying i've offered you 800 billion in additional revenue. what do i get in return? and the president said nothing. you also counted he won the election. i have got news, whether he won the election or not,let stats about the budget are neutral and nonpartisan and mr. boehner's republicans won an el
. >> the sad news for the country is we've accomplished very little in terms of not becoming greece. it's a victory for the president and i hope we have the courage of our convictions to fight for what we believe as republicans. >> peter, what the senator is saying is this doesn't really solve the problem of the debt we're building up. >> no, it doesn't. we have all heard taxing high income individuals more would only raise 5% of the deficit. another statistics that will break...